FROM LOSS

Feilding Star, Volume 8, Issue 2586, 2 December 1931, Page 7

FROM LOSS

TO SMALL PROFIT CANTERBURY FROZEN MEAT CO. (Per P»ess Association). C'hristclraiadi, December 1. Tlie annual report oi tile Canterbury Frozen Meat Company, Ltd., states trat the net profit lor the year was £15,623, which, with the amount brought forward makes the amount t) the credit of pro lit and lotE £16,492. The dividend of 6 per cent, on the preference shares absorbs £6OOO, and the dividend of 6 per cent, on the ordinary shares, £6750. There is added to renewals reserve fund £2500, leaving £1242 to carry forward.